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RSSMember States shall require that, where the influence exercised by the persons referred to in Article 57 is likely to operate against the sound and prudent management of an insurance or reinsurance undertaking, the supervisory authority of the home Member State of that undertaking in which a...
For the purposes of this Section, the voting rights referred to in Articles 9 and 10 of Directive 2004/109/EC, as well as the conditions regarding aggregation thereof laid down in Article 12(4) and (5) of that Directive, shall be taken into account.Member States shall not take into account voting...
Member States shall provide that all persons who are working or who have worked for the supervisory authorities, as well as auditors and experts acting on behalf of those authorities, are bound by the obligation of professional secrecy.Without prejudice to cases covered by criminal law, any...
Article 64 shall not preclude the exchange of information between supervisory authorities of different Member States. Such information shall be subject to the obligation of professional secrecy laid down in Article 64.
Member States may conclude cooperation agreements providing for the exchange of information with the supervisory authorities of third countries or with authorities or bodies of third countries as defined in Article 68(1) and (2) only if the information to be disclosed is subject to guarantees of...
Supervisory authorities which receive confidential information under Articles 64 or 65 may use it only in the course of their duties and for the following purposes:(1) to check that the conditions governing the taking-up of the business of insurance or reinsurance are met and to facilitate the...
1. Articles 64 and 67 shall not preclude any of the following:(a) the exchange of information between several supervisory authorities in the same Member State in the discharge of their supervisory functions;(b) the exchange of information, in the discharge of their supervisory functions, between...
Articles 64 and 67 shall not preclude Member States from authorising, under provisions laid down by law, the disclosure of certain information to other departments of their central government administrations responsible for legislation on the supervision of credit institutions, financial...
1. Without prejudice to Articles 64 to 69, a supervisory authority may transmit information intended for the performance of their tasks to the following:(a) central banks of the European System of Central Banks (ESCB), including the European Central Bank (ECB) and other bodies with a similar...
1. Member States shall ensure that the mandates of supervisory authorities take into account, in an appropriate way, a European Union dimension.2. Member States shall ensure that in the exercise of their duties supervisory authorities have regard to the convergence in respect of supervisory tools...